The Basis of Accounting Selected by or Imposed on a Governmental

question 10

Multiple Choice

The basis of accounting selected by or imposed on a governmental entity can influence which of the following?

• A)A decision to contract-out a specific service rather than provide that service itself.
• B)The amount of salary increases proposed by union negotiators.
• C)The amount that is available to spend on a donor-specified project or service.
• D)All of the above.

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Definitions:

Sampling Distribution

A probability distribution of a statistic obtained through a large number of samples drawn from a specific population.

Nearly Normal Condition

A term used in statistics to describe a distribution that is close to, but not perfectly, a normal distribution.

Nearly Normal Condition

A prerequisite for certain statistical tests that the distribution of the data should be approximately normal.

Standard Deviation

A metric that calculates the degree of spread or scattering within a data set.